Interest Coverage Ratio: -2.93x
Is the interest coverage ratio high or low?
The interest coverage ratio of -2.93x is 104% below its 1-year average of -1.43x, near the low end of its 1-year range (-2.93x–0.06x).
As of Monday, June 29, 2026. 104.22% below its 12-month average of -1.43x.
SPCX Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
Limited quarterly history available
Interest Coverage needs at least three reported quarters before a meaningful chart is shown.
SPCX Average Interest Coverage Ratio Chart
SPCX Current vs Average Interest Coverage Ratio Chart
SPCX Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-2.93x
INTEREST COVERAGE RATIO AVG TTM
-1.43x
INTEREST COVERAGE RATIO AVG 3Y
N/A
INTEREST COVERAGE RATIO AVG 5Y
N/A
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-104.22%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SPCX Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Space Exploration Technologies Corp. (SPCX) | $2.15T | -2.93x | -1.43x | N/A | N/A |
| Caterpillar Inc. (CAT)vs › | $464.69B | 10.88x | 18.21x | 19.91x | 17.12x |
| GE Aerospace (GE)vs › | $385.54B | 10.40x | 8.63x | 6.13x | 4.21x |
| RTX Corporation (RTX)vs › | $252.27B | 5.07x | 4.20x | 3.69x | 3.73x |
| Siemens AG (SIEGY)vs › | $238.06B | 5.54x | 5.42x | 7.07x | 7.27x |
| ABB Ltd (ABBNY)vs › | $192.22B | 70.31x | 60.77x | 41.23x | 35.03x |
| Schneider Electric S.E. (SBGSY)vs › | $179.96B | 12.65x | 13.00x | 18.46x | 20.74x |
| The Boeing Company (BA)vs › | $169.24B | -1.95x | 26.98x | 25.59x | 23.64x |
| Deere & Company (DE)vs › | $165.35B | 2.65x | 2.65x | 4.00x | 5.65x |
| Union Pacific Corporation (UNP)vs › | $161.91B | 7.52x | 7.58x | 7.44x | 7.45x |
Financial Health Indicators
Interest Coverage
-2.9x
Debt/Equity
0.55
Current Ratio
1.45
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Space Exploration Technologies Corp. (SPCX)?
- The interest coverage ratio for SPCX stock is -2.93x.
- Is Space Exploration Technologies Corp.'s interest coverage ratio high or low?
- The interest coverage ratio of -2.93x is 104% below its 1-year average of -1.43x, near the low end of its 1-year range (-2.93x–0.06x).
- What is the TTM average interest coverage ratio for Space Exploration Technologies Corp. (SPCX)?
- The TTM average interest coverage ratio for SPCX stock is -1.43x.
SPCX Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-03-31 | -2.93x |
| 2025-03-31 | 0.06x |
About Space Exploration Technologies Corp.
Space Exploration Technologies Corp. designs, manufactures, and launches rockets and spacecraft, and provides satellite-based broadband services in the United States, Ireland, and Canada. The company offers launch services for satellites, cargo, and crew to destinations such as low Earth orbit, the International Space Station, the Moon, and Mars, using vehicles, including Falcon 9, Falcon Heavy, and Starship. It provides dedicated rideshare missions for small satellites, manufactures reusable rockets and spacecraft, such as Dragon and Starship, and conducts suborbital and orbital flight tests. The company supplies broadband internet connectivity through the Starlink satellite network for consumer and commercial use, and offers Starshield, a satellite-based solution for government users focused on sensing, communications, and satellite bus services. It supports scientific research opportunities and provides on-orbit research and travel services for private and government customers, and collaborates with government agencies for national security space launch missions. The company serves government agencies, national security organizations, commercial satellite operators, research institutions, and private spaceflight clients, supporting scientific research and commercial payload missions for professional and industrial clients in the aerospace and telecommunications sectors. The company was founded in 2002 and is based in Starbase, Texas.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Elon Musk